Litecoin LTC/USD is trading at 44.58. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend for Litecoin. It is expected to test the upper limit of the indicator and continue the growth of LTC/USD with a target above the level of 50.
Litecoin forecast & analysis LTC/USD on August 23, 2017
Earlier, a medium strength signal was obtained for buying of Litecoin cryptocurrency, by crossing signal lines at 43.50. Cancellation of the growth scenario for Litecoin quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 43, which will indicate a change in the bullish trend in favor of the bearish trend.
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